Susan Colella

Managing Director Accounting

Susan Colella has over 2 years of experience in the affordable housing industry and over 10 years of experience in accounting, finance and consulting.  Susan started at Michel Associates in 2013 as Fund Accountant, responsible for all aspects of day-to-day accounting and reporting for the Funds. In 2015, she was promoted to Accounting Manager.  In this role, she learned all aspects of accounting and reporting for Michel Associates and began taking a supervisory role over the Staff Accountant. Susan is responsible for guiding the Staff Accountant in day-to-day accounting activities, reviewing all monthly bank, prepaid and account receivable reconciliations and internally prepared financial statements. Susan works closely with the outside accountants to coordinate annual audit & tax return preparation and reviews all draft reports. She is responsible for maintaining the fixed asset ledger and associated reconciliation, preparing the monthly analysis of accounts receivable including bad debts and net present value of long-term receivables, and performing other financial analysis reports and projects as required.

Before joining Michel Associates, Susan worked in public accounting for 5 years, auditing and preparing tax returns for hedge funds and partnerships. Susan has a Bachelor of Science in Business Administration with a concentration in Accounting from Merrimack College and a Master of Science in Accounting from Southern New Hampshire University.